Thursday, October 23, 2014

The Steel City is Now Recognized as a "Tech Hub"


Years ago, Pittsburgh was mostly known for being the city of steel and bridges. Now, however, it is getting a new title as one of the major high tech hubs in the U.S. In a recent Business Facilities article, Pittsburgh is noted for its booming startups, particularly ones that have blended manufacturing and technology into their business. Below is an excerpt from the article:
Pennsylvania is leading a new wave of technological transformation. Innovation and technology are driving growth across key industries including advanced manufacturing, energy, ICT, financial and business services, and healthcare and life sciences. 
In 2013, the Pittsburgh region captured 302 economic development deals—a 12 percent increase over the previous year. Advanced manufacturing was the most active sector with 65 wins in 2013. 
“High-tech/advanced manufacturing is one of our sweet spots and a differentiating strength for the region,” said Patty Horvatich, VP of Business Investment for the Pittsburgh Regional Alliance (PRA), an affiliate of the Allegheny Conference on Community Development and the 10-county Pittsburgh region’s economic development marketing organization.
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